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SAUDI ARAMCO IPO

Saudi Aramco to Seek $1.7 billion valuation with 1.5% Share Float; Cancels International Roadshow

Crown Prince Mohammed bin Salman's Vision 2030 emphasizes that Saudi Arabia will be a "tolerant country with Islam as its constitution and moderation as its method."
Saudi Aramco is seeking a valuation of up to $1.7 trillion, which would become the world's biggest IPO and confirm the company as the world's most valuable.

PUBLIC INVESTMENT FUND

Saudi Arabia’s PIF Reportedly Invests $400m in Disruptive Food Startup Founded by Travis Kalanick

CloudKitchens
Saudi Arabia’s Public Investment Fund has invested $400 million into Uber founder Travis Kalanick’s new company CloudKitchens, according to the Wall Street Journal.

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